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Loan after change in circumstances

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  • Foxy-Stoat_3
    Foxy-Stoat_3 Posts: 2,980 Forumite
    To buy a dearer car......but at 31% interest for £8K......EEK !!!
    "Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!
  • Gaz83
    Gaz83 Posts: 4,047 Forumite
    1,000 Posts Combo Breaker
    Zac_Holt wrote: »
    Sorry for the late reply, the buyer is a motor dealer who has been used many times by a friend who is also a motor dealer.

    He will be paying the cash directly to the finance company, 23K, and I will give him 3K cash.

    Regarding the loan, I have applied for a loan of 8K at 31% APR :o
    You should be banned from any future credit and have your finances put in the hands of someone who is at least partially competent.
    "Facism arrives as your friend. It will restore your honour, make you feel proud, protect your house, give you a job, clean up the neighbourhood, remind you of how great you once were, clear out the venal and the corrupt, remove anything you feel is unlike you... [it] doesn't walk in saying, "our programme means militias, mass imprisonments, transportations, war and persecution."
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